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Google's parent company Alphabet will acquire data center energy supplier Intersect for $4.75 billion. Risk warning and disclaimer: The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at your own risk
Microsoft is expected to see significant AI-driven growth by 2026, according to Wedbush analyst Dan Ives. He reaffirmed an Outperform rating and a $625 price target for the stock. Ives believes Microsoft's Azure growth and AI deployments are underestimated by the market. Over 70% of Microsoft's installed base is expected to adopt AI functionality within three years, changing the company's growth trajectory.
U.S. stocks are seeing further upside, driven by tech strength, with major averages in positive territory. Oracle and Nvidia stocks are rising, while gold and oil stocks also show strength. Asian markets are up, but European markets are down. U.S. treasuries continue to decline, with yields rising.
Investor Louis Gerard advises against chasing Tesla's stock rally, citing concerns over the company's reliance on ambitious projects like Robotaxi and Optimus, which lack measurable milestones. He highlights shrinking margins and doubts Tesla's ability to meet near-term goals, assigning a Sell rating. Wall Street remains divided on TSLA, with a consensus Hold rating and a 12-month price target suggesting a potential 22% slide.
US stocks rose on Monday, with the Nasdaq up 0.7%, Dow Jones up 133 points, and S&P 500 up 0.5%, driven by gains in technology and AI stocks. Nvidia and Micron Technology saw notable increases. Analysts remain optimistic about US equities, expecting further growth supported by earnings and potential interest-rate cuts.
